Opinion
Nigerian Economy And Gnashing Of Teeth
Since the end of the Nigerian Civil War, coupled with the involvement of the military in the nation’s politics, the economy had taken a unique turn, characterized by the accumulation of wealth in a few hands and gnashing of teeth by the majority. While Professor Andrew Efemini would describe the phenomenon as parasitic, other analysts would use such words as exploitative, extractive, predatory, etc. How such a system became entrenched is a different story, but there was a hint that some cabal known as “Kaduna mafia” engaged some foreign consultants to map out some strategies which would not place their political zone at the mercy of other power blocks.
Be that true or not, a security report gave that hint some decades ago, pointing to the possibility of some geo-political groups pursuing some hidden agenda in the Nigerian project. It is an obvious fact that when a nation’s economy get’s hi-jacked by “caterpillars of the commonwealth,” then some specific indicators usually emerge. Survival of a predatory or parasitic economy goes with ruthlessness, corruption and impoverishment of the masses.
Since a large population of the people would be placed in a position of disadvantage, problem of security would require some high-handedness and brutality to be able to maintain the status-quo. This situation gives rise to one creed of a predatory economy, namely: If you cannot beat them, join them! This is a well-known antic of a vicious political-economy whereby people seek to take their destiny in their own hands, arising from a loss of faith in the system. There is also a division in the society.
Like Stalin would say: “the basic law of life is that of self-survival and the protection of self-interest.” Apart from division and hypocrisy in a predatory economy, whereby everyone seeks to live by wit and cunning, there is the cleverness of using corrupt strategies to ensure that one does not get caught in the game of wit. Many people are driven into an aggressive life-style in a bid to protect what little self-interest is left.
Since ours is consumption, rather than a production-oriented economy, personal achievements and values are measured in quantifiable material indices, with little concern for higher ideals and values. Wherever there vicious and ruthless scrambles, activities and thinking are directed towards the expropriation of available resources, rather than creation of enduring values in a disciplined and orderly manner.
With oil as the mainstay of the economy, parasitic and opportunistic tendencies play out in that sector in a most clever manner. Through corrupt and sharp practices players in that sector ensure they make the best they can while opportunities last even at the expense of the nation and the masses. A survival strategy of a predatory economy demands the availability of and the protection by a god-father who must be a high-priest of the system.
In a political-economy where wealth is not the result of hard-work, productivity and prudent management of resources and where values and integrity are undermined, rewards and penalty rarely go to those who deserve them most. It is in quite a few and rare cases that honest workers depend solely on their legitimate wages and earnings. Since the economy demands that everyone takes his own destiny in his hands, some smart works devise various means and opportunities to help themselves. Some became quite resourceful and creative, while the naive ones continue to gnash their teeth like the jobless ones.
There was a three-year study carried out discreetly, to determine the plight and coping strategies of civil servants. Without giving away the full details, it was obvious that over 80% of civil servants did not depend solely on their salaries, and quite many were indebted to money lenders. The study in which only post-graduate students served as resource persons, showed that some public workers engaged in small-scale loan business.
Those connected with bankers or other wealthy relations would take some loan which they gave out to works “when they are broke,” on short-term repayment. The situation degenerated to such an agonizing point that many workers confessed they were merely working for ruthless creditors and money lenders. They were often left with so little that would hardly last for more than a few days after pay day.
Those who are hardest hit by the crunching economy are the old fashioned people who cling on to principles and integrity. Leaders of this nation are rarely aware of the extent of agony that Nigerian masses endure daily, but they should not insult the suffering masses by describing them as lazy. While the “caterpillars of the commonwealth” may enjoy what they have, those who are gnashing their teeth in agony and hunger have opportunity to learn some lessons and change for the better. Liabilities can be turned into assets.
Dr Amirize is a retired lecturer, Rivers State University, Port Harcourt.
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Restoring Order, Delivering Good Governance
The political atmosphere in Rivers State has been anything but calm in 2025. Yet, a rare moment of unity was witnessed on Saturday, June 28, when Governor Siminalayi Fubara and Minister of the Federal Capital Territory, Chief Nyesom Wike, appeared side by side at the funeral of Elder Temple Omezurike Onuoha, Wike’s late uncle. What could have passed for a routine condolence visit evolved into a significant political statement—a symbolic show of reconciliation in a state bruised by deep political strife.
The funeral, attended by dignitaries from across the nation, was more than a moment of shared grief. It became the public reflection of a private peace accord reached earlier at the Presidential Villa in Abuja. There, President Bola Ahmed Tinubu brought together Governor Fubara, Minister Wike, the suspended Speaker of the Rivers State House of Assembly, Martin Amaewhule, and other lawmakers to chart a new path forward.
For Rivers people, that truce is a beacon of hope. But they are not content with photo opportunities and promises. What they demand now is the immediate lifting of the state of emergency declared in March 2025, and the unconditional reinstatement of Governor Fubara, Deputy Governor Dr. Ngozi Odu, and all suspended lawmakers. They insist on the restoration of their democratic mandate.
President Tinubu’s decision to suspend the entire structure of Rivers State’s elected leadership and appoint a sole administrator was a drastic response to a deepening political crisis. While it may have prevented a complete breakdown in governance, it also robbed the people of their voice. That silence must now end.
The administrator, retired naval chief Ibok-Ette Ibas, has managed a caretaker role. But Rivers State cannot thrive under unelected stewardship. Democracy must return—not partially, not symbolically, but fully. President Tinubu has to ensure that the people’s will, expressed through the ballot, is restored in word and deed.
Governor Fubara, who will complete his six-month suspension by September, was elected to serve the people of Rivers, not to be sidelined by political intrigues. His return should not be ceremonial. It should come with the full powers and authority vested in him by the constitution and the mandate of Rivers citizens.
The people’s frustration is understandable. At the heart of the political crisis was a power tussle between loyalists of Fubara and those of Wike. Institutions, particularly the State House of Assembly, became battlegrounds. Attempts were made to impeach Fubara. The situation deteriorated into a full-blown crisis, and governance was nearly brought to its knees.
But the tide must now turn. With the Senate’s approval of a record ?1.485 trillion budget for Rivers State for 2025, a new opportunity has emerged. This budget is not just a fiscal document—it is a blueprint for transformation, allocating ?1.077 trillion for capital projects alone. Yet, without the governor’s reinstatement, its execution remains in doubt.
It is Governor Fubara, and only him, who possesses the people’s mandate to execute this ambitious budget. It is time for him to return to duty with vigor, responsibility, and a renewed sense of urgency. The people expect delivery—on roads, hospitals, schools, and job creation.
Rivers civil servants, recovering from neglect and under appreciation, should also continue to be a top priority. Fubara should continue to ensure timely payment of salaries, address pension issues, and create a more effective, motivated public workforce. This is how governance becomes real in people’s lives.
The “Rivers First” mantra with which Fubara campaigned is now being tested. That slogan should become policy. It must inform every appointment, every contract, every budget decision, and every reform. It must reflect the needs and aspirations of the ordinary Rivers person—not political patrons or vested interests.
Beyond infrastructure and administration, political healing is essential. Governor Fubara and Minister Wike must go beyond temporary peace. They should actively unite their camps and followers to form one strong political family. The future of Rivers cannot be built on division.
Political appointments, both at the Federal and State levels, must reflect a spirit of fairness, tolerance, and inclusivity. The days of political vendettas and exclusive lists must end. Every ethnic group, every gender, and every generation must feel included in the new Rivers project.
Rivers is too diverse to be governed by one faction. Lasting peace can only be built on concessions, maturity, and equity. The people are watching to see if the peace deal will lead to deeper understanding or simply paper over cracks in an already fragile political arrangement.
Wike, now a national figure as Minister of the FCT, has a responsibility to rise above the local fray and support the development of Rivers State. His influence should bring federal attention and investment to the state, not political interference or division.
Likewise, Fubara should lead with restraint, humility, and a focus on service delivery. His return should not be marked by revenge or political purges but by inclusive leadership that welcomes even former adversaries into the process of rebuilding the state.
“The people are no longer interested in power struggles. They want light in their streets, drugs in their hospitals, teachers in their classrooms, and jobs for their children. The politics of ego and entitlement have to give way to governance with purpose.
The appearance of both leaders at the funeral was a glimpse of what unity could look like. That moment should now evolve into a movement-one that prioritizes Rivers State over every personal ambition. Let it be the beginning of true reconciliation and progress.
As September draws near, the Federal government should act decisively to end the state of emergency and reinstate all suspended officials. Rivers State must return to constitutional order and normal democratic processes. This is the minimum requirement of good governance.
The crisis in Rivers has dragged on for too long. The truce is a step forward, but much more is needed. Reinstating Governor Fubara, implementing the ?1.485 trillion budget, and uniting political factions are now the urgent tasks ahead. Rivers people have suffered enough. It is time to restore leadership, rebuild trust, and finally put Rivers first.
By: Amieyeofori Ibim
Amieyeofori Ibim is former Editor of The Tide Newspapers, political analyst and public affairs commentator
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